>>4109925 lb
Hank Greenberg? digs
https://en.wikipedia.org/wiki/Maurice_R._Greenberg
Maurice Raymond "Hank" Greenberg (born May 4, 1925) is an American business executive and former chairman and CEO of American International Group (AIG), which was the world's 18th largest public company and the largest insurance and financial services corporation in history.
He is currently chairman and CEO of C.V. Starr & Co., Inc. (C.V. Starr), a diversified financial services firm that is named for the founder of AIG, Cornelius Vander Starr. He joined C.V. Starr as vice president in 1960 and was given the additional responsibilities of president of American Home Assurance Company in 1962. He was elected director of C.V. Starr in 1965, chairman and chief executive officer in 1968 and continues in that role. Greenberg is also the chairman of the board of directors and managing director of Starr International Company Inc. C.V. Starr and Starr International are collectively known as the Starr Companies.[2] Greenberg was named the most connected business executive in New York by Crain's New York Business.[3]
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Greenberg gained visibility when he clashed with Mahmoud Ahmadinejad over the Iranian president's denial of the Holocaust. On September 20, 2006, the Council on Foreign Relations hosted a small meeting of select council members with Ahmadinejad, who began by saying that we need to "continue studying" whether it happened. According to David E. Sanger, Chief Washington Correspondent for The New York Times,[21] Greenberg listened for fifteen minutes while Ahmadinejad continued talking about the Palestinians, World War II, and if the Holocaust killings had happened at all. Sanger writes, "Then Hank Greenberg, who had been on a slow boil through the evening, spoke up. He had been a young soldier at the end of the war, and participated in the liberation of the camps. 'I went through Dachau in the war and saw with my own eyes.'" President Ahmadinejad responded by asking if Greenberg was old enough to have participated in the liberation of Dachau.[22] "I'd like an answer regarding whether you think the Holocaust occurred," insisted Greenberg. To which Ahmadinejad replied "I think we should allow more impartial studies to be done on this."[23]
Legal issues
The State Attorney General's Office pursued Greenberg in a New York State civil court action which concluded with a settlement (without any admission of wrongdoing) on February 10, 2017.[24] Spitzer did bring civil charges against Greenberg, though Spitzer and his successors dropped seven of the nine initial charges.[25] Those charges were brought under a 1921 New York State blue sky law (the Martin Act) that authorizes the New York Attorney General to seek relief for alleged violations of the state securities laws without the need to prove a knowing violation of the law (scienter) or an intent to defraud.[26]
In November 2012 a Manhattan court dismissed Greenberg's claims that the Federal Reserve Bank of New York breached its fiduciary duties to AIG shareholders.[27] In late 2011 Greenberg's Starr International announced a lawsuit against the federal government. According to Reuters, the lawsuit seeks $55.5 billion in damages against the government stemming from the government's financial bailout in 2008.[28][29] Following a lengthy trial in Fall 2014, the Court of Federal Claims ruled in June 2015 that the federal government acted without authority, but did not award any damages.[30] In a decision on appeal in the US Court of Appeals for the Federal Circuit in Washington, DC, a three judge panel remained silent with regard to the Court of Claims decision on both liability and damages, but claimed that Starr lacked standing to file the suit in question, holding that standing belonged solely to AIG. Starr's counsel David Boies has stated that Starr shall appeal this case to the US Supreme Court.[31][32] The market value of the 79.9% of AIG Common Stock the government acquired on the day of the government agreed to loan AIG up to $85 billion was $55.4 billion. By the end of 2012, AIG had repaid all of its loans and the government had made a $17.7 billion profit on the AIG equity it had acquired as a result, plus $6.7 billion in interests and fees.[citation needed]
In July 2013 Greenberg filed a civil lawsuit against Spitzer alleging that Spitzer made repeated defamatory statements against him.[33] This matter is stayed pending a decision on cross-appeals that were argued before the Second Department of New York's Appellate Division in March 2016. In December, 2013 Greenberg filed a complaint with the New York State Joint Commission on Public Ethics alleging that New York State Attorney General Eric Schneiderman had violated the state's public officer's law by making disparaging comments about him that could potentially taint a jury venire in any trial.[34]